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R 5 499 999 Bond Calculator

Commercial Property for Sale in Grahamstown Central

Grahamstown, Grahamstown Central


Commercial Property for Sale in Grahamstown Central

Grahamstown, Grahamstown Central

0 6
Erf Size: 1 242 m²

Commercial Property For Sale in Grahamstown Central

Discover a unique investment opportunity in the vibrant university town of Grahamstown. The Rustic Route is a well-known, multi-tenanted commercial property offering a blend of character, visibility, and solid returns. This property comprises a mix of retail, office, and hospitality tenants, ensuring a diversified income stream and reduced vacancy risk. With a total gross income of R62,000 per month, it provides immediate and stable cash flow from day one. Ideally located near main arterial routes and within walking distance of key amenities, The Rustic Route enjoys consistent foot traffic and long-term tenant appeal. Its rustic architectural charm and established tenant base make it both a reliable income generator and a standout landmark in Grahamstown’s commercial landscape. Investment Highlights: Multi-tenanted with a healthy tenant mix Annual income of R744,000 Asking price: R5,499,999 Gross Yield: ±13.5% High visibility and easy accessibility Character-filled buildings with long-standing tenants This is an ideal purchase for investors seeking a stable, high-yield commercial asset in a growing Grahamstown hub.

Property Overview

Listing Number
116554319
Type of Property
Commercial Property
Erf Size
1 242 m²
Floor Area
1 242 m²
Rates and Taxes
R 4 500

Facilities

Bathrooms
6
Kitchens
2

External Features

Parking
10

Building

Building Name
The Rustic Route
Green Building
No
Multi Tenanted
Yes
Standalone Building
Yes
Backup Water
Water Tank

Other Features

Nearby Public Transport
Minibus Taxi
Wheelchair Accessible
Yes

Education

Good Shepherd Ec Primary School
0.30km
Victoria Girls' High School
0.65km
Victoria Primary School
0.65km
Johan Carinus Art Centre
0.68km
Hoërskool J Olivier
0.78km
Kingswood College Secondary School
0.86km
Diocesan School For Girls
0.94km
George Dickerson Primary School
1.22km
St Andrew'S Primary School
1.38km
St Mary'S Rc Primary School
1.42km
Ntaba Maria Primary School
1.78km

Food and Entertainment

Spur
0.09km
Gino's
0.11km
Henry Ate
0.16km
Calabash
0.37km
Scotts Pot
0.40km
137 High Street
0.45km
Mad Hatters
0.47km
Bella Vita
0.47km
French Bistro
0.47km
The Rat and Parrot
0.48km
Revolution
0.48km
Pirates Pizza
0.50km
Maxwell's
0.50km
La Galleria
0.77km
The Cock House
0.79km

Sports and Leisure

Roxbury Cinema
0.41km

Transport and Public Services

Cathedral of St. Michael and St. George
0.01km
Grahamstown
0.69km
West Hill
1.56km

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